These announcements are then grouped into key areas such as the economy, public borrowing/deficit/spending, personal taxation and pay, welfare and pensions, health and education, defence, business and miscellaneous.

Managing partner David Pugh said: “Businesses are constantly being hit with raft upon raft of changes so we’re keen to help them decide which announcements will impact positively on their firm and which won’t. Once business leaders understand the detail of the budget, they can assess its impact on their firm and develop strategies to cope with the reforms.”